Global Insights

Network 20/20

Network 20/20’s Global Insights is a series of moderated conversations that brings together a curious global audience to dig deeper into macro-level and region-specific trends shaping our world.

  1. The Global Order in Crisis: What Comes Next?

    27 JAN

    The Global Order in Crisis: What Comes Next?

    Visit us at Network2020.org.  Since the end of World War II, the global order has been shaped largely by a Western liberal system led by the United States. Yet, recent developments, from the release of the U.S. National Security Strategy to the January capture of Venezuelan President Nicolas Maduro by U.S. forces have underscored what many observers of international affairs argue is the end of that liberal, rules-based order. At the same time, rapid technological advancement and the rise of other powers, particularly China, further complicate the picture, dispersing power, shifting economic and political ties, and, in some cases invigorating and redirecting global institutions. How dead is the U.S.-led rules-based order? What, if anything, might replace it? And what might such a transition look like? Will the emerging international system be relatively peaceful and cooperative, or defined by heightened competition and conflict? What roles will major powers play in shaping a new order or disorder or is reform of the existing rules-based system still possible? Finally, will the United States continue to act as a global enforcer, or retreat into a more unilateral and unpredictable role? Join us for a panel discussion featuring Professor Amitav Acharya, UNESCO Chair in Transnational Challenges and Governance, and Distinguished Professor at the School of International Service at American University, and author of The Once and Future World Order: Why Global Civilization Will Survive the Decline of the West; Professor Daniel Drezner, Academic Dean and Distinguished Professor of International Politics at the Fletcher School of Law and Diplomacy at Tufts University; and Professor Stacie Goddard, the Betty Freyhof Johnson ’44 Professor of Political Science and Associate Provost for Wellesley in the World at Wellesley College. Together, they will explore these questions and assess what the future may hold for the international order. Music by Alex_Kizenkov from Pixabay.

    36 min
  2. Dollar Strength, Dollar Strain: Navigating a New Global Monetary Order

    20 JAN

    Dollar Strength, Dollar Strain: Navigating a New Global Monetary Order

    Visit us at Network2020.org.  The U.S. dollar has long anchored global trade, investment, and financial stability. Yet, in recent years, forces both within and outside of the United States are rethinking dollar dominance. President Trump’s proposed Mar-a-Lago Accord aims to devalue the dollar while retaining its global reserve status. Simultaneously, threats to Federal Reserve independence and Washington’s growing debt are eroding the value of the dollar, which is down over 5% in the last year vs other major currencies. Internationally, the BRICS nations are expanding trade in local currencies, to reduce exposure to U.S. sanctions and policies. These trends are prompting policymakers to reexamine the role of the dollar in the global economy. Is the era of uncontested dollar dominance ending? What would a more multipolar monetary order mean? Join us for a discussion with Dr. Otaviano Canuto, Senior Fellow at the Policy Center for the New South and Former Vice-President and Executive Director of the World Bank, and Dr. Jeffrey A. Frankel, Professor of Capital Formation and Growth at Harvard Kennedy School and former member of the Council of Economic Advisors. This conversation will unpack the drivers of de-dollarization, assess the real prospects for BRICS and other challengers, and explore the policy choices that will shape the future of the international monetary system. Music by Aleksey Chistilin from Pixabay.

    35 min
  3. From Collapse to Confrontation: The U.S.–Venezuela Standoff

    7 JAN

    From Collapse to Confrontation: The U.S.–Venezuela Standoff

    Visit us at Network2020.org.  On January 3rd, U.S. forces launched a military strike on Venezuela, capturing President Nicolás Maduro and flying him to New York to face federal narco-terrorism charges. President Trump announced the U.S. would "run the country" until a transition of power could take place. This episode was recorded before those events—but the conversation helps explain how we got here. Venezuela was once the wealthiest country in Latin America. Between 2012 and 2020, it experienced the largest peacetime economic collapse ever documented—a 71% decline in per capita GDP. After Hugo Chávez built a system dependent on oil revenue, the crash in global oil prices triggered an economic freefall. Nicolás Maduro's increasingly authoritarian rule, combined with hyperinflation, shortages, and soaring crime, drove roughly a quarter of the population to flee. As the crisis deepened, the United States responded with sweeping economic sanctions, framing drug trafficking and mass migration as national security threats. How did Venezuela reach this point? What role did U.S. policy play in the crisis? And was there ever a path toward stability that didn't end in military confrontation? Today we're joined by Francisco Rodríguez, Senior Research Fellow at the Center for Economic and Policy Research and Faculty Affiliate at the University of Denver's Korbel School of International Studies. He is the founder of Oil for Venezuela and author of The Collapse of Venezuela: Scorched Earth Politics and Economic Decline, 2012–2020. Music by SPmusic from Pixabay

    35 min

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Network 20/20’s Global Insights is a series of moderated conversations that brings together a curious global audience to dig deeper into macro-level and region-specific trends shaping our world.